Moller – Maersk improved earnings and free cash flow in 2019, despite
weaker market conditions and global container growth of only 1.4%.
Earnings before interest, tax, depreciation and amortisation (EBITDA)
improved 14% to USD 5.7bn compared to 2018 and the EBITDA margin
increased to 14.7%. Revenue decreased slightly to USD 38.9bn in 2019
from USD 39.3bn. Free cash flow was USD 6.8bn, compared to USD 5.1bn
last year and CAPEX declined by USD 1.2bn to USD 2bn in 2019.
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